“what do we do about historic financial data?”

Data Migration ETL (Extract, Translate, Load)

Data migration can often develop into a complex, time consuming project. The problems that arise through data mapping, formatting, cleansing and reconciliations can lead to higher levels of operational risk. Businesses with legacy information systems can take full advantage of Exact’s migration approach, software tools and professionalism by tapping into our experience of successful migrations.
The LIBRIS Financial data migration ETL (Extract, Translate, Load) facilitates migrations by providing the framework and tools to move data from disparate source systems to any new in-house, or third party outsourced system. The framework has the capacity, tools, flexibility, accuracy and crucially, experience and past successes, to assure any company that it can perform the complex tasks it was designed for.

Legacy Data Archive

Whether outsourcing, company merger, corporate acquisition or implementation of a replacement system, the same question will always be asked, “what do we do about historic financial data?”

The compliance requirement to maintain historical transactional data for a number of years, for redundant systems, can be a considerable operational overhead. Ensuring access to data held on computer systems you have chosen to replace forces many institutions to continue maintaining outmoded platforms, pay ongoing license costs and retain specialist support staff for systems that are no longer critical to the
mainstream business.

The LIBRIS Financial archive solution allows businesses to archive data from legacy systems, ensuring your company complies with data retention & retrieval regulations, providing instant, on-line access coupled with a significant reduction in the cost of storing the historic data, expelling the reliance on redundant platforms, and the need to retain local expertise.